ABSTRACT

Serial No. 115-78: Legislative Proposals to Reform the Current Data Security and Breach Notification Regulatory Regime, Hearing Before the Subcommittee on Financial Institutions and Consumer Credit of the Committee on Financial Services, U.S. House of Representatives, One Hundred Fifteenth Congress, Second Session, March 7, 2018   [open pdf - 14MB]

This is the March 7, 2018 hearing on "Legislative Proposals to Reform the Current Data Security and Breach Notification Regulatory Regime," held before the U.S. House of Representatives Subcommittee on Financial Institutions and Consumer Credit of the Committee on Financial Services. From the opening statement of Blaine Luetkemeyer: "Forty-eight States, the District of Columbia, Guam, Puerto Rico, and the Virgin Islands have all enacted differing laws requiring private companies to notify individuals of breaches of personal information. For each State with robust safeguards or requirements in place, there is another with protections that are simply insufficient, creating a labyrinth that causes compliance nightmares while leaving uncertainty or certainty as needed the most, consumer notification. [...] First and foremost, our legislation would create a national security standard for entities that access, maintain, store, or handle personal information, while providing flexibility based on an individual company's size, complexity, and sensitivity of the information it maintains. With a responsible Federal standard in place, companies will no longer have to spend valuable time tracking a maze of regulations. That time can be better spent actually securing the personal information of their customers and innovating to fight against cyber crime. The draft legislation also includes robust law enforcement and consumer notification regimes. A covered entity has the responsibility to conduct an immediate investigation and take responsible measures to restore the compromised system." Statements, letters, and materials submitted for the record include those of the following: Sara Cable, Francis Creighton, Jason Kratovil, and John S. Miller."

Report Number:
Serial No. 115-78
Publisher:
Date:
2018
Copyright:
Public Domain
Retrieved From:
Government Publishing Office: http://www.gpo.gov/
Format:
pdf
Media Type:
application/pdf
URL:
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